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Apollo Hospitals to acquire 31% stake held by IFC in arm for ₹1,254 crore
The Free Press Journal - Indore
|September 13, 2025
Healthcare chain Apollo Hospitals Enterprise Ltd on Friday said it will acquire 31 per cent stake held by International Finance Corporation in its arm Apollo Health and Lifestyle Ltd for Rs 1,254.07 crore.
The company's board at its meeting held on Friday, approved execution of definitive share purchase agreements for the acquisition of a little over 41.65 crore equity shares aggregating to a 30.58 per cent equity stake held jointly by the International Finance Corporation, Washington (IFC) and IFC EAF Apollo Investment Company (IFC EAF) in Apollo Health and Lifestyle Ltd (AHLL), Apollo Hospitals Enterprise Ltd (AHEL) said in a regulatory filing. The board has also approved setting up a comprehensive oncology facility at Gurugram at an investment of Rs 573 crore, it a
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The Free Press Journal - Indore
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